Asia-Pacific

China's semiconductor-focused CSI index rose nearly 5% during the trading session.

Taiwan's central bank governor said foreign investors pulled out at least $5 billion on a net basis.

Japan's corporate goods prices rose again in May, indicating growing inflationary pressures across domestic supply chains as the war in Iran continues and keeps energy prices high.

China's producer price index rose 3.9% year-on-year in May, according to the National Bureau of Statistics.

China's consumer price index (CPI) rose 1.2 percent year on year in May, according to official data released Wednesday.

South Korea's central bank announced the sale of 1-year monetary stabilization bonds at a 3.100% yield.

North Korean leader Kim Jong Un and Chinese Xi Jinping attended a cultural performance in Pyongyang on Monday evening, capping the first day of Xi's state visit to North Korea. The two leaders hailed their countries' 'invincible' friendship at a banquet earlier in the day.

The 30-year Japanese government bond yield fell 1.5 basis points to 3.850%.

China's May Producer Price Index (PPI) year-over-year actual came in at 3.9%, matching the estimate of 3.9%, and up from the previous reading of 2.8%.

China's May CPI core year-on-year rate came in at 1.1%, below the previous 1.2% and the estimate of 1.2%.

Kim Jong Un hosted Xi Jinping and First Lady Peng Liyuan at Mokran House, pledging to 'jointly build a bright future' along 'the same path of struggle for socialism.' Xi invoked 'mountains and rivers' rhetoric ahead of their military alliance treaty's 65th anniversary.

World's first wind-powered underwater datacentre starts operating in China.

China's central bank conducted 159 billion yuan of 7-day reverse repo operations at 1.40%, unchanged from the previous rate.

South Korea's equity benchmark fell, with chip stocks resuming losses and risk appetite weakening after a US strike on Iran.

Google Cloud rerouted significant traffic away from the affected Delhi data center after local service capacity was reduced.

The alleged Bondi Beach gunman has been charged with an additional 19 offences.

China's daily yuan reference rate was set at its highest level since February 10, 2023.

Google Cloud reported that a fire at an external data center in Delhi required power to be cut to networking infrastructure, reducing available network capacity.

Google Cloud reported sporadic network latency issues affecting traffic from Delhi, Chennai, Mumbai, and surrounding regions.

The People's Bank of China set the yuan's daily reference rate at 6.8130 per U.S. dollar, compared to the previous close of 6.7734.

The 5-year Japanese government bond yield rose 2.0 basis points to 1.945%.

Taiwan's main stock index fell up to 1.2%, reaching 44,185.40 points.

South Korea's finance ministry pledged to keep a close watch on higher bond yields, a weaker won, and volatility in equity markets.

South Korea's finance authorities said an active fiscal policy stance is required to confront inequality and rising prices.

The South Korean Finance Ministry said it plans to utilize increased fiscal flexibility to fund future investments.

Japan's benchmark Nikkei index deepened its drop, slipping 1.30% to 64,569.42.

China's Zhuque-2E Y6 rocket launches two new satellites into orbit.

Japanese government bonds fell as crude oil prices rose, according to The Wall Street Journal.

Japan's small firms, which employ the majority of the country's workers, may struggle to sustain wage growth as the Middle East conflict raises input costs and squeezes profit margins, putting a key growth driver at risk.

Chinese Xi Jinping and North Korean leader Kim Jong Un reached an important consensus during talks, with Xi describing his visit to North Korea as successful. Both sides pledged to strengthen strategic ties between their socialist states and work to safeguard regional stability.